The Middle East and Africa are one of the largest markets for the Textile chemicals industry which is estimated to grow at a CAGR of 4.7% during the outlook period 2023-2028
Foreign investment in the Middle East economy has contributed to the growth of the textile chemicals market. Improvement and large investments from the local government in healthcare facilities are also other factors in improving demand. Pharmaceutical industries will boost the growing market. Textiles can also be used in flooring activities. The growth of the wind power sector in the Middle East and African countries is a major driving force for the local textile chemicals market. This is because of the protective coatings provided by the polymers.
The availability of highly skilled workers combined with a stable economy gives ample growth opportunities in the world. In addition to this, increased research and development activities and a focus on land safety have resulted in the proliferation of the market in the mentioned region.
The textile chemicals industry in the Middle East and Africa is hindered by the availability of raw materials and fluctuation in prices. The powder coating segment is another drawback as many alternatives are available that prove to be much more cost-effective. Many textile chemicals are also termed as carcinogenic and thus pose a great risk of causing cancer to the workers, which is another drawback to the industry.
Market Segmentation:
Middle East and Africa Textile Chemicals Market - By Fiber Type:
Silicone technology has brought about a change in the textile industry by playing a key role in the textile manufacturing process. Silicone softeners are very commonplace for finishing purposes as they make the fabric feel softer in touch. The textile industry consumes a large amount of water in its varied processing operations. Water usage in textile mills results in the generation of gallons of wastewater daily in each country.
The synthetic fiber market in the Middle East and Africa is growing rapidly; the dyeing and finishing industry is burgeoning by introducing vividly colored fabrics. Only a fraction of these fabrics is pure cotton, while the rest of them are blended materials. The blending processes become smoother with better chemicals and thus it provides a great opportunity for the textile chemicals industry.
In Turkey, dye & dyestuff dominated the Middle East and Africa textile chemicals market at the end of 2019. The dyeing process was widely used in textile products such as fibers, yarns, and fabrics. This is usually done in a unique solution containing dyes and particular chemical material. After dyeing, dye molecules have an uncut chemical bond with fiber molecules. UAE and Saudi Arabia are also key players operating in the region.
Coronavirus has exposed severe challenges to the textile chemicals market by influencing the textile and cosmetic industry. Major economies of the Middle East and Africa are affected due to this pandemic; however, the textile chemicals market remained unaffected in this period due to the lack of regional presence of textile chemical companies. The cosmetic and textile industry suffered initially due to a lack of demand and production, but it has been compensated fairly by the growing demand for healthcare products. The investments in this sector came to a halt, and Textile chemicals being portrayed as a luxury product was out of reach for the low-income countries in the African region. In addition to this, the major imports that come from China which was the epicenter of the disease resulted in a complete halt of trade in the initial stages of the pandemic, which had a significantly negative impact on the small regional production houses.
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